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About Form 1041 Extension

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To all the businesses operating in the U.S., this is a gentle reminder that April 15, 2021, is the last day to file your U.S. Income Tax return to the IRS failing lead to penalties and interests. You can request an automatic extension of 6 months to file your Income tax returns by filing Tax Extension Form 7004, If you can't file it on-time. What is Form 7004? Form 7004 is an Automatic Extension Form for businesses that provides them an additional six months to file their Federal Business tax returns. Why Form 7004? Form 7004 provides you additional time to file your business Income tax, tax return, and information. The form provides an additional six months , thereby extending the time up to October 15, 2021, to file your 1041 tax return. You need to file tax extension Form 7004 before April 15, 2021 , to avoid penalties . What is 1041 Extension Form 1041 is used by estates, trusts, and bankruptcy estates to report the income, gains, losses, deductions, credits, income tax lia